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20130416
20130416
Search Results 0 to 10 of about 11 (some duplicates have been removed)
an encreasing challenge to america's military. this is the environment that is facing the department of defense as it enters a third year of flat or declining budgets. the onset of these constraints has led to belt tightening in military modernization, force structure, personnel costs and overhead expenditures. it has given us the opportunity to reshape the military and reform defense institutions to better reflect 21st century realities. the process began under the leadership of secretary gates. secretary gates curtailed more than 30 modernization programs and trimmed overhead costs within the military services and across the defense enterprise. the realignment continued secretary panetta who crafted new strategic guidance in an f.y. 2013 defense budget plan which reduced the department's top line by $487 billion over the course of a decade. the president's request of $526.6 billion for fy 2014 continues to implement the president's defense strategic guidance and enhances the department's efforts at institutional reform. most critically, it sustains the quality of the all-volunteer force and t
measures that he's undertaken. for example he's been a little bit good on the environment where i think the latin left has been traditionally quite weak. >> i think he's incomparable. i don't think there's another leader like him or has pen in a long time. his charisma was off the charts. that's not necessarily a bad thing. the left has to learn how to administer. in terms of the 20th century of latin american history maybe juan perone or a few leaders here and there but i think chavez was really one of a kind. >> i'd rather we not have either a fidel or a chavez in the future. i think we're beyond that. what's interesting, for example, about someone like lula who was charismatic and successful and everything he has tended to fade away. he apparently is not running for his third term. a couple years from now. >> he's also ill. his successor is not doing a bad job. little by little what we're getting over in latin america and it's a good thing is this charismatic leaders some of whom are more successful and more attractive than others. one can like. one can dislike. those are personal qu
a weaker or softish commodity environment will drive that even further and higher. >> when i see you, the one commodity which is oil, give me your take here and correct me if i'm wrong, but you've always been a big bull. >> yeah. reality is oil. we just don't have a lot of new sources for it and you really have to take the world and slam it to almost zero growth before that would really undermine the supply/demand picture for oil. oil production grows about a million, a million and a half barrels a year and demand grows about that amount and the cost structure to bring that on is now $80 to $90 a barrel and i can't say this doomsday scenario that people say the oil markets will be prone to, and if it fits in the broader picture that the global economy is doing fine, you will see oil bottoming here in the next $5, $6 a barrel and probably making close to a new high by the end of the year. so everybody understands why that's a positive, but there are some who want to read both the decline in crude and gold as, all right, we're not going to have inflation and we're also not going to hav
Search Results 0 to 10 of about 11 (some duplicates have been removed)